The IndyCar Series looks set to return to Brazil in 2015, just a year after organisers shelved the popular São Paulo street race from the championship’s schedule.

According to the Associated Press, the Brazilian federal district government has announced the signing of a five-year deal to race at the Autódromo Internacional Nelson Piquet in the country’s capital, Brasília.

São Paulo hosted a well-attended street race (pictured above) for the IndyCar Series on a temporary street circuit layout from 2010, until financial concerns saw it dropped from the 2014 schedule, leaving it entirely based in the United States, bar a single round in Canada.

The championship is yet to formally confirm the news, although a statement issued by its parent company, Hulman & Co., appeared to indicate that this was signed, sealed and delivered.

“Brazil has a real history in Indy car racing and we would like to re-establish a championship race there as early as 2015,” its CEO, Mark Miles, said.

“We are engaged in on-going discussions toward this goal and hope suitable arrangements can be finalised soon. There is still a lot of work to be done, but we are encouraged by the efforts from The Government of the Federal District – GDF and the Governor of Brasília, Agnelo Queiroz, as well as the TV Bandeirantes Group.

“We look forward to continuing these discussions as INDYCAR explores race markets and venues that will further the growth of the Verizon IndyCar Series.”